Reach Community Development Inc

Organization Overview

Reach Community Development Inc is located in Portland, OR. The organization was established in 1982. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Reach Community Development Inc employed 206 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reach Community Development Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Reach Community Development Inc generated $29.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $27.6m during the year ending 12/2021. While expenses have increased by 10.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Reach Community Development Inc has awarded 37 individual grants totaling $1,814,165. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

REACH DEVELOPS AND MANAGES QUALITY AFFORDABLE APARTMENT HOMES AND PROVIDES OPPORTUNITIES FOR INDIVIDUALS, FAMILIES AND COMMUNITIES TO THRIVE THROUGH SUPPORTIVE PROGRAMS. REACH SERVES THE PORTLAND METROPOLITAN AND SW WASHINGTON REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROPERTY MANAGEMENT AND HOUSING DEVELOPMENT PROGRAM: PROPERTY OPERATIONS AND MANAGEMENT - REACH AND AFFILIATED ENTITIES OWN AND MANAGE MORE THAN 2,731 UNITS OF AFFORDABLE RENTAL HOUSING IN THE PORTLAND, OREGON METROPOLITAN REGION AND SOUTHWEST WASHINGTON. THESE UNITS ARE IN APARTMENTS, PLEXES AND SINGLE-FAMILY HOUSES, AND ARE ONLY AVAILABLE TO HOUSEHOLDS UNDER CERTAIN INCOME LIMITS.COMMERCIAL PROPERTY OPERATIONS AND MANAGEMENT - REACH AND AFFILIATED ENTITIES OWN AND MANAGE 87,458 COMMERCIAL SQUARE FOOTAGE; A 40,739 RESIDENTIAL FACILITY LEASED TO AN OPERATOR OF A CONGREGATE CARE FACILITY; AND ACCESSORY SPACES INCLUDING A BILLBOARD AND ANTENNA LOCATIONS IN THE PORTLAND, OREGON METROPOLITAN REGION AND SOUTHWEST WASHINGTON. THESE COMMERCIAL SPACES ARE IN THE AFFORDABLE RENTAL HOUSING PROPERTIES AS NOTED ABOVE. HOUSING DEVELOPMENT - THIS PROGRAM IS COMMITTED TO ADDRESSING A GROWING NEED FOR AFFORDABLE HOUSING IN THE PORTLAND, OREGON METROPOLITAN REGION AND SOUTHWEST WASHINGTON. REACH HAS ACQUIRED AND/OR DEVELOPED 2,731 UNITS OF HOUSING THROUGH RENOVATION AND NEW CONSTRUCTION OVER ITS HISTORY.


COMMUNITY BUILDERS PROGRAM: THE COMMUNITY BUILDERS PROGRAM PROVIDES FREE HOME REPAIRS FOR LOW-INCOME ELDERLY AND/OR DISABLED HOMEOWNERS TO AGE IN PLACE AND HELP MAINTAIN HOUSING STABILITY. THIS INCLUDES PROVIDING ACCESSIBILITY AND SAFETY UPGRADES, SUCH AS WHEELCHAIR RAMPS, GRAB BARS, AND SMOKE DETECTORS. REACH SERVES APPROXIMATELY 200 HOUSEHOLDS ANNUALLY, UTILIZING SEVERAL HUNDRED VOLUNTEERS, DONATED MATERIALS AND CONTRACTED LABOR.


RESIDENT (TENANT) SERVICES:THE RESIDENT SERVICES PROGRAM SUPPORTS FAMILIES AND INDIVIDUALS LIVING IN REACH AND AFFILIATED ENTITIES HOUSING AS THEY IMPROVE THE SOCIAL, ECONOMIC, AND ENVIRONMENTAL CONDITIONS AFFECTING THEIR LIVES. THE PROGRAM OFFERS BETTER ACCESS TO COMMUNITY SERVICES, SKILL BUILDING WORKSHOPS, A RESIDENT NEWSLETTER, AND ACTIVITIES FOR YOUNG AND ADULT RESIDENTS.


VOLUNTEER SERVICES


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Heiberg Garbage & Recycling Llc
Utilities (Garbage & Recycling)
$120,813
Susan Brannon
Accounting
$263,911
Granite Telecommunications Llc
Telephone & Internet
$120,683
Oregon Attic Llc
Repairs, Building Projects
$203,006
Cohnreznick Llp
Audit, Accounting, Taxes
$220,096
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,878,893
All other contributions, gifts, grants, and similar amounts not included above$3,161,134
Noncash contributions included in lines 1a–1f $45,412
Total Revenue from Contributions, Gifts, Grants & Similar$8,040,027
Total Program Service Revenue$19,669,289
Investment income $573,921
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,342,895
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $29,644,026

Grants Awarded

Over the last fiscal year, Reach Community Development Inc has awarded $1,254,683 in support to 22 organizations.

Grant RecipientAmount

REACH ARGYLE LIMITED PARTNERSHIP

PURPOSE: TENANT BASED RENT ASSISTANCE

$502,473

CASCADIA VILLAGE APARTMENTS LLC

PURPOSE: TENANT BASED RENT ASSISTANCE

$94,028

REACH GOT LLC

PURPOSE: TENANT BASED RENT ASSISTANCE

$77,274

REACH 62ND AVENUE LLC

PURPOSE: TENANT BASED RENT ASSISTANCE

$70,394

COVINGTON COMMONS LP

PURPOSE: TENANT BASED RENT ASSISTANCE

$67,259

ALBINA CORNER LIMITED PARTNERSHIP

PURPOSE: TENANT BASED RENT ASSISTANCE

$52,637
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Reach Community Development Inc has recieved totaling $220,939.

Awarding OrganizationAmount
Oregon Community Foundation

Portland, OR

PURPOSE: Housing

$100,500
Firstenburg Foundation

Vancouver, WA

PURPOSE: FUNDING FOR REACHS SUMMER YOUTH PROGRAM TP PURCHASE SCHOOL SUPPLIES

$30,800
Clark County Food Bank

Vancouver, WA

PURPOSE: TO ALLEVIATE HUNGER IN SW WASHINGTON

$27,082
Ocf Joseph E Weston Public Foundation

Portland, OR

PURPOSE: Housing

$25,000
Marie Lamfrom Charitable Foundation 091898

Wilsonville, OR

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
American Endowment Foundation

Hudson, OH

PURPOSE: HOUSING, SHELTER

$10,000
View Grant Recipient Profile

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